Certificate of Non-Owner Occupancy

Certificate of Non-Owner Occupancy

I certify and represent to the Lender, its affiliates, successors and assigns, the following:

I hereby certify and declare that I have no intention of making any property subject to a business purpose loan made by the Lender, its affiliates, successors or assigns, my principal residence. Further, at no time during the tenure of any business purpose loan made by the Lender or its affiliates, do I intend to occupy any property subject to any business purpose loan made by the Lender or its affiliates.

Additionally, I certify that I have no intention of utilizing any property subject to a business purpose loan made by the Lender or its affiliates as a second home and have no surviving spouse or family member that intends to occupy any such property during the tenure of any business purpose loan made by the Lender or its affiliates.

Further, I certify and declare that the proceeds of any business purpose loan made by the Lender or its affiliates shall not be used for any personal, family or household use and will only be used for business purposes.

I represent that I understand the difference between a consumer loan for personal, family or household purposes and a commercial loan for business purposes. I represent that any loan extended to me, any related entities or parties by the Lender is not a consumer loan and therefore is not subject to any laws relating to consumers under any local, state or federal law.

I understand that the Lender, its affiliates, successors and assigns, as well as any brokers or related parties rely on this information. I declare, under penalty of perjury, the foregoing is true and correct.